Welcome to our weekly cryptocurrency tech development round-up. This issue features a new Ethereum proposal by Vitalik Buterin, aiming to impose a gas cap on transactions to enhance network stability. The proposal, EIP-7983, suggests limiting individual transactions to 16,777,216 gas, which could simplify engineering challenges and align with Ethereum's shift toward modularity. In other news, Jack Dorsey has unveiled a whitepaper for Bitchat, a decentralized messaging protocol that enables encrypted communication without the internet.
Volkswagen has partnered with Hivemapper to use its mapping data for self-driving operations, and EigenLabs has laid off 25% of its staff to focus on developing EigenCloud, a verifiable alternative to existing cloud services.